Plan Snapshot
- Plan Sponsor: Envision Motors Management, LLC
- Sponsor EIN: 824787118
- Sponsor Address: 2010 E GARVEY AVE S, WEST COVINA, CA, 91791
- Plan Type: 401(k)
- Total Participants: 956
- Total Assets: $19.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 956 | $19.0M | $1.2M | $4.1M |
| 2023 | 984 | $15.0M | $856,289 | $3.8M |
| 2022 | 687 | $8.6M | $329,745 | $2.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BERLINER & COMPANY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $104,097 | — | — | — | — |
| 2023 | $105,173 | — | $105,173 | — | — |
| 2022 | $45,025 | — | $45,025 | — | — |